Technical analysis AUDJPY for 10.01.2023
10.01.2023 01:18
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 90.700. The closest resistance is the level 91.175
Key levels
- 92.650, 91.900, 91.175, 90.700, 90.075, 89.200
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 91.175, with Take Profit of 91.900 and Stop Loss of 90.700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 90.700, with Take Profit of 90.075 and Stop Loss of 91.175
Scenario
Recommendation
BUY STOP
Entry Point
91.175
Take Profit
91.900
Stop Loss
90.700
Key Levels
92.650, 91.900, 91.175, 90.700, 90.075, 89.200
Alternative scenario
Recommendation
SELL STOP
Entry Point
90.700
Take Profit
90.075
Stop Loss
91.175